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False Herald Newspaper publication about GN Bank

We wish to draw the attention of the editor and publisher of the Herald Newspaper to a false publication alluding to an alleged stealing of GHC6million from GN Bank by some faceless staff of the Bank.  This obvious falsehood received wider secondary publication from a number of websites, including Ghanaweb and peacefmonline.com. We find the publication not only distasteful, but a blatant lie fabricated […]

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‘3,000 workers not on SSNIT bio data’

Deputy Minister of Finance, Abena Osei Asare, has said 3,000 government workers are yet to complete their registration unto the SSNIT biometric database, which will affect payment of their salaries this month. According to the minister, these 3,000 workers are yet to do the biometric registration. “We all want to help the system, so if […]

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‘Protect local businesses’

Executive Chairman of the Jospong Group of Companies, Dr. Joseph Siaw Agyepong, has stressed the need for the central government to protect local businesses. He added that local businesses in this country cannot do much if the demand was not there. “…if the demand is not there, there is nothing you can do,” he insisted. […]

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Ghana lost $3bn under Mahama over dumsor –Akufo-Addo

President Nana Akufo-Addo has said Ghana lost about $3 billion in economic activities during the power crisis that hit the nation under the Mahama administration. Akufo-Addo who quoted figures from the Institute of Statistical, Social and Economic Research (ISSER) said the country lost about GHc618 million in economic activity in 2014 alone which he said […]

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Stock Exchange suspends UT Bank

The Ghana Stock Exchange (GSE) has suspended the listing status of UT Bank following its collapse and subsequent takeover by Ghana Commercial Bank. This was revealed in a statement copied to Citi News. The GSE noted that the suspension had become necessary due to the revocation of UT Bank’s licence by the Bank the of Ghana. […]

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Fortune Global 500 Index looks into emerging economies for growth

Newly-released Fortune Global 500 Index for 2017 reaffirms the ever-increasing role that emerging markets are playing as a driver of growth across the world economy and the pull they are exerting on many of the biggest international companies.   Oxford Business Group (OBG), which has long served as a valuable point of reference for investors seeking in-depth analysis […]

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GCFM re-launches Takoradi branch office

Gold Coast Fund Management (GCFM), a member of Groupe Nduom (GN) conglomerate, at the weekend re-launched its Takoradi branch office in the Western Region. Re-launching the office on the theme: “Investment Opportunities at Gold Coast,” GCFM Zonal Manager for Western and Central Regions, Mr. Alex K. Laar, disclosed that the renovated and remodeled office has […]

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2018 OBG Report explores gov’t move to channel funds into districts

Ghana’s efforts to strengthen its legislative framework, as part of broader plans to boost FDI and make growth more inclusive, will be mapped out in a forthcoming report by the global research and consultancy firm, Oxford Business Group (OBG).   The Report: Ghana 2018 will explore the government’s decision to channel funds into the country’s districts, which it hopes will help […]

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Groupe Nduom still at Foundation Stage – Dr. Nduom

President of Groupe Nduom, Dr Papa Kwesi Nduom says although the Groupe has made some significant gains, he still believes ‘’we are at the foundation stage’’. His assertion was premised on the fact that the Groupe has not as yet reached its targeted destination”. Dr Nduom was yesterday, June 29, 2017 addressing the half-year management […]